Vitol to acquire the remaining 54% stake in Saras for €830m.

Vitol, a Swiss-based Dutch multinational energy and commodity trading company, offered to acquire the remaining 54% stake in Saras, an Italian energy multinational corporation with operations in petroleum refining, marketing, transportation and power generation, for €830m. The transaction follows Vitol's acquisition of a 35% stake in Saras from the Moratti family.